A showcase for Jos. A. Bank Source: Getty Images The parent company of Men’s Wearhouse announced a round of layoffs and hundreds of impending store closings on Tuesday as its business takes a heavy hit from the coronavirus pandemic. Tailored Brands said it is eliminating approximately 20% of its corporate …
Read More »Apple, Google, Sony will be critical as MLB prepares for the 2020 season
Major League Baseball will turn to Big Tech companies like Apple and Google to help with their shortened season that is slated to resume on July 23. On Monday, MLB provided a preview of what games will look and sound like during the pandemic, with features like artificial crowd noise …
Read More »Men’s Warehouse owner Tailored Brands plans to cut jobs and close stores
A showcase for Jos. A. Bank Source: Getty Images The parent company of Men’s Warehouse announced a round of layoffs and hundreds of impending store closings Tuesday as its business suffers a hit from the coronavirus pandemic. Tailored Brands said it is eliminating approximately 20% of its corporate workforce by …
Read More »Starbucks Reveals New Ways for Loyalty Program Members to Pay
Starbucks announced Tuesday that members of the loyalty program will have more ways to pay for their drinks as the coffee chain struggles to recruit more enthusiastic customers. Since its inception, Starbucks Rewards has only accepted pre-loaded gift cards as payment. Starting this fall, customers can link their credit or …
Read More »Amazon’s Jeff Bezos sees his net worth grow by $ 13 billion in one day
Amazon CEO Jeff Bezos added a record $ 13 billion to his fortune Monday amid a coronavirus-fueled boom for his e-commerce empire. A 7.9 percent rise in Amazon’s stock price helped the world’s richest man reach the biggest one-day rise in anyone’s net worth in the history of the Bloomberg …
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